Wednesday, December 27, 2017
Tuesday, December 19, 2017
PANIC SELLING OF BITCOIN - WHY?
The last time I saw this "calamity" was due to "attack" on the Stock Market. It has created a "chaos" in the late 90s.
The second time I saw similar phenomenon was when some "goons" are saying that authorized Forex platform is going to cheat you. It has also created another chaos until they calmed down by itself.
Now, I'm seeing the same trend happening in cryptocurrency especially BitCoin. (This time, we can avoid a chaos if we are smart enough)
It's a "lovely news" to some but "very bad news" especially those who had invested quite a lot of money.
Check any speculation towards cryptocurrency. Don't just sell because you hear that some banking and financial institutions are trying to kill BitCoin or any other cryptocurrency.
Be matured, this is another platform like Forex and Stock Exchange.
Remember, speculators feed from your fear.
Less but not least :
Don't avoid tax and fees - instead PAY THEM - so that you'll be gaining "legalized money" not being labelled as "scam" or "laundering". Don't try to be a Smart Alec - you do not underestimate the power of the law.
Avoid using wallets and exchange that you are not familiar with - check with your friends. Also, avoid using wallets or exchange that indicate "it's been hacked"
The second time I saw similar phenomenon was when some "goons" are saying that authorized Forex platform is going to cheat you. It has also created another chaos until they calmed down by itself.
Now, I'm seeing the same trend happening in cryptocurrency especially BitCoin. (This time, we can avoid a chaos if we are smart enough)
It's a "lovely news" to some but "very bad news" especially those who had invested quite a lot of money.
Check any speculation towards cryptocurrency. Don't just sell because you hear that some banking and financial institutions are trying to kill BitCoin or any other cryptocurrency.
Be matured, this is another platform like Forex and Stock Exchange.
Remember, speculators feed from your fear.
Less but not least :
Don't avoid tax and fees - instead PAY THEM - so that you'll be gaining "legalized money" not being labelled as "scam" or "laundering". Don't try to be a Smart Alec - you do not underestimate the power of the law.
Avoid using wallets and exchange that you are not familiar with - check with your friends. Also, avoid using wallets or exchange that indicate "it's been hacked"